Sempra
Built from real-time financials, refreshed daily. For a full Analyst Grade with bull/bear case, price targets, and qualitative risk analysis, generate a SRE research report →
Range $100 – $118
Price Chart
About the company
Sempra, an energy holding company founded in 1998 and headquartered in San Diego, California, conducts its operations both domestically and internationally. The firm adopted its current name in July 2021, having previously been known as Sempra Energy. Through its San Diego Gas & Electric Company division, Sempra delivers electricity to approximately 3.
- CEO
- Jeffrey Walker Martin
- IPO
- 1998
- Employees
- 15,938
- HQ
- San Diego, CA, US
Get TickerSpark's AI analysis on SRE
Create an account to generate AI analysis on any ticker — technical setup, analyst consensus, earnings watch, insider pulse, financial health, and peer context. Ready in about a minute.
Get Pro Access →Already have an account? Log in
Similar companies
Peers in the same neighborhood.
- Market Cap
- $57.30B
- P/E
- 25.26
- Fwd P/E
- 17.15
- PEG
- -1.54
- P/S
- 4.21
- P/B
- 1.75
- EV/EBITDA
- 14.40
- Div Yield
- 2.97%
- Gross Margin
- 41.71%
- Op Margin
- 26.86%
- Net Margin
- 16.77%
- ROE
- 7.14%
- ROIC
- 2.99%
Latest fiscal year · YoY change
- Revenue
- $13.71B+5.8%
- Gross Profit
- $4.00B+13.4%
- Op Income
- $3.25B
- Net Income
- $1.84B-35.8%
- EPS
- $2.75-38.1%
- OCF Growth
- -7.0%
- FCF Growth
- -82.8%
- 52W High
- $101.04
- 52W Low
- $78.97
- 50D MA
- $90.55
- 200D MA
- $91.51
- Beta
- 0.58
- RSI (14)
- 49
- Avg Volume
- 3.74M
Earnings call summaries
Pick a quarter — each call distilled into takeaways, results, and a bull vs bear read.
Sempra said Q1 was strong, reaffirmed 2026–2027 EPS guidance, and highlighted major upside from Texas transmission investment, Oncor rate relief, and progress toward the SI Partners closing.· May 7, 2026
- Q1 adjusted EPS was $1.51 vs. $1.44 a year ago; GAAP EPS was $1.58 vs. $1.39.
- Management reaffirmed full-year 2026 adjusted EPS guidance of $4.8 to $5.3 and 2027 guidance of $5.1 to $5.7.
- Oncor won a base rate settlement with a 9.75% ROE and 43.5% equity layer; a UTM filing was also made to recover $4.4 billion of T&D assets.
- Sempra reiterated progress on the SI Partners transaction, saying it expects to close in 2026 after receiving key approvals.
- Texas load growth and transmission needs remain the biggest growth driver, with management talking up a large incremental capital opportunity beyond the base plan.
Sempra reported first quarter 2026 GAAP earnings of $1.37 billion, or $1.58 per share, versus $906 million, or $1.39 per share, in first quarter 2025. Adjusted first quarter earnings were $991 million, or $1.51 per share, versus $942 million, or $1.44 per share, a year ago. Management said the first-quarter 2026 adjusted earnings contribution from Oncor’s base rate review will be recognized mainly in the second quarter because the order was not issued until April. For the full year, Sempra reaffirmed 2026 adjusted EPS guidance of $4.8 to $5.3, 2027 EPS guidance of $5.1 to $5.7, and long-term EPS growth of 7% to 9%. It also reiterated a record $65 billion capital plan, about $9 billion of incremental capital opportunities beyond the base plan, and that it expects to close the SI Partners transaction in 2026.
Jeffrey Martin framed the quarter as a positive start to 2026 and emphasized progress on the company’s value-creation initiatives. His tone was upbeat on Texas, where he said Oncor’s large-load and transmission opportunity can support capital spending well into the next decade, and he repeatedly stressed that the business is becoming more focused on U.S. utilities, especially Texas. He also said Sempra remains bullish on LNG long term, while making clear that the corporate strategy is shifting toward a lower-risk, utility-heavy profile.
Karen Sedgwick led with the hard numbers: GAAP earnings of $1.37 billion, or $1.58 per share, and adjusted earnings of $991 million, or $1.51 per share, both higher than last year’s first quarter. She broke out year-over-year adjusted earnings changes by segment: +$25 million at Sempra Texas, +$44 million at Sempra California, +$34 million at Sempra Infrastructure, and -$6 million at Sempra Parent. She also said the company is affirming its 2026 and 2027 EPS guidance ranges, highlighted the $65 billion capital plan, and said closing SI Partners should support parent debt paydown, deconsolidation, and a stronger credit profile, with rating-agency thresholds expected to improve after closing and related milestones.
Analysts focused heavily on Texas load growth, the quality and timing of the 127 GW large-load figure, and how much of the upside is already embedded in the capital plan. Management said the 127 GW and the prior high-confidence number are effectively the same quality, and Oncor described the number as subject to evolving ERCOT rules and studies, while stressing that the base plan does not depend on every load project materializing. Questions also centered on the SI Partners close and rating-agency actions; management said the transaction is on track for Q2 or Q3 closing and that rating thresholds should improve after closing, though not immediately, with some agencies also looking for construction progress at projects. California wildfire liability reform was another theme, and management said it has reasonable confidence something will get done this session and pointed to momentum around the CEA resiliency report.
The call showed multiple catalysts moving in the right direction: adjusted EPS grew year over year, Oncor secured better rate outcomes, and the company is on track to monetize SI Partners and recycle capital back into utilities. Management also described Texas as a long-duration growth engine, with visibility into substantial incremental capital beyond the base plan and continued progress on supply chain and labor readiness.
Several of the growth themes are still contingent on regulatory and execution milestones, including ERCOT’s Batch 0 and RTP processes, remaining consents for SI Partners, and FERC approval for SDG&E’s settlement. Management also acknowledged that rating-agency improvements are not immediate and that California wildfire reform remains a legislative process with no guarantee of timing or outcome. The company’s outlook for large-load growth is strong, but it still depends on transmission buildout, permitting, and the physical ability of customers and generation to come online.
AI summary of the company's earnings call · Paraphrased · Not investment advice
- Free Float
- 99.8%
- Shares Outstanding
- 653.71M
- Float Shares
- 652.53M
of shares held by institutions
1,299 13F filers
Buy/sell ratio 0.00. Sells can include pre-scheduled 10b5-1 plan sales, not just discretionary selling.
Congressional trading
Senate and House stock disclosures for SRE, newest first.
| Member | Type | Traded | |
|---|---|---|---|
| Julie JohnsonHouse · TX32 | Sell | Sep 23, 25 | Filing → |
| Julie JohnsonHouse · TX32 | Buy | Sep 23, 25 | Filing → |
| Ro KhannaHouse · CA17 | Sell | Jan 29, 26 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Oct 17, 25 | Filing → |
| Julie JohnsonHouse · TX32 | Sell | Sep 25, 25 | Filing → |
| Valerie HoyleHouse · OR04 | Sell | Jun 26, 25 | Filing → |
| Valerie HoyleHouse · OR04 | Buy | Oct 29, 24 | Filing → |
| Ritchie TorresHouse · NY15 | Buy | Sep 26, 24 | Filing → |
| Lisa McClainHouse · MI09 | Buy | Jun 17, 25 | Filing → |
| Rob BresnahanHouse · PA08 | Buy | Apr 8, 25 | Filing → |
| Rob BresnahanHouse · PA08 | Sell | Feb 25, 25 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Mar 26, 24 | Filing → |
| Ro KhannaHouse · CA17 | Buy | Jul 3, 23 | Filing → |
| Rick LarsenHouse · WA02 | Sell | Jul 1, 21 | Filing → |
Source: public STOCK Act disclosures. Filed weeks after the trade — a lagging signal, not a real-time one.
Top institutional holders
Largest 13F positions, with quarter-over-quarter change.
| Holder | Shares | Δ Quarter |
|---|---|---|
| Vanguard Group Inc | 76.73M | ▲ 1.01M |
| Blackrock, Inc. | 60.28M | ▲ 368.36K |
| Wellington Management Group Llp | 43.81M | ▼ 2.32M |
| Vanguard Capital Management LLC | 42.68M | ▲ 277.78K |
| State Street Corp | 37.99M | ▲ 689.52K |
| Morgan Stanley | 25.02M | ▲ 675.24K |
| Jpmorgan Chase & Co | 20.05M | ▲ 2.10M |
| Fmr LLC | 19.50M | ▲ 931.92K |
| Geode Capital Management, LLC | 15.62M | ▲ 933.36K |
| Capital International Investors | 14.53M | ▼ 4.23M |
| Invesco Ltd. | 11.69M | ▲ 1.13M |
| Newport Trust Co | 10.94M | ▼ 287.62K |
Held by 1,492 ETFs
Biggest fund positions in SRE by dollar value.
Recent insider transactions
Who's buying, who's selling, and how much.
| Date | Insider | Type | Shares |
|---|---|---|---|
| Jul 1, 26 | YARDLEY JAMES C | other | 136.81 |
| Jul 1, 26 | Weaving Anya | other | 136.81 |
| Jul 1, 26 | WARNER CYNTHIA J | other | 317.39 |
| Jul 1, 26 | Taylor Jack T | other | 136.81 |
| Jul 1, 26 | Sagara Kevin C. | other | 136.81 |
| Jul 1, 26 | MEARS MICHAEL N | other | 136.81 |
| Jul 1, 26 | MARK RICHARD J | other | 136.81 |
| Jul 1, 26 | CONESA ANDRES | other | 136.81 |
| Jun 17, 26 | Winn Caroline Ann | sell | 100 |
| Jun 17, 26 | Winn Caroline Ann | sell | 7,900 |
A “Sell” may be a pre-scheduled 10b5-1 plan sale rather than a discretionary decision — read insider selling with that in mind.
Our SRE coverage
Recent articles, reports, and earnings notes.

Inside Our Top Power Grid Stock Picks for 2026
These seven power grid stocks span utilities, builders, and equipment suppliers positioned to benefit from multi-year transmission, distribution, and grid-modernization spending.

Best dividend stocks for May 2026
Seven dividend stocks ranked by investment quality — CDW, T-Mobile, and Regency Centers all place, with the top two picks revealed at the end of the countdown.
Want a deeper read on SRE?
Generate a full analyst-grade report — bull/bear case, price targets, valuation depth, and a complete financial breakdown.
SoCalGas Program Provides More Than $10 Million in Energy Efficiency Upgrades to Schools and Local Governments
prnewswire.com · Aug 18
Sempra Energy (NYSE:SRE) vs. A2A (OTCMKTS:AEMMY) Financial Analysis
defenseworld.net · Aug 18
The Global Gas Market Has Shifted. Now Wall Street Loves These 5 Energy Stocks For August
247wallst.com · Aug 14
Record 811 Participation Helps Drive Lowest Infrastructure Damage Rate on Record Across SoCalGas Service Territory
prnewswire.com · Aug 11
Sempra Energy Q2 Earnings Call Highlights
defenseworld.net · Aug 11
SoCalGas Introduces Updated Employee Uniforms to Improve Safety
prnewswire.com · Aug 10
Sempra Energy Q2 Earnings Call Highlights
marketbeat.com · Aug 9
Compared to Estimates, Sempra (SRE) Q2 Earnings: A Look at Key Metrics
zacks.com · Aug 7
Headlines from third-party outlets — TickerSpark isn't affiliated with these sources.